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20121201
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in japan. the president was going to one of these economic things in philippines and india. darmin calls baker. he says, jim, the president is going to love this bill. he is gone to love it. just tell him to shut up. his friends are not gone to let this bill. there want to get to him. don't say anything until you can fully brief him. that is the way it happened, and that was the past as question of the process. >> that was the process in 1986. can that happen this day? >> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. it is interesting we're not fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the hand in this struggle. restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for pre
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